Bitcoin ETF Net Assets Plummet to $77.58B Amid Fed Rate Hikes and Global Uncertainty

The combined net assets of US spot Bitcoin exchange-traded funds (ETFs) have plummeted to $77.58 billion, effectively erasing gains made immediately following President Donald Trump's election in November 2024.

This decline marks a sharp reversal from the euphoria that followed Trump's victory, which many investors believed would usher in a pro-cryptocurrency administration.

According to CoinDesk data, the funds had reached an all-time high of $169.5 billion in October 2025, driven by expectations of a more favorable regulatory environment for digital assets.

Ophelia Snyder, co-founder of 21Shares, attributed the recent outflows to several factors, including the Federal Reserve's hawkish monetary policy stance and competition from other high-growth sectors like artificial intelligence.